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the votes and the third party will tally results. voting ends on monday. >> president obama tells bloomberg in an interview, that ceos need to start hiring again. >> willow bay joins with us that and more this afternoon's after the bell report. willow? >> hi, yes. president obama granted a first television interview since reelection to bloomberg. the president made it clear he considers tech sector to be a key driver of growth. he met with business leaders in silicon valley. and talk about the power of an nation to create jobs. much of the interview is focused on the fiscal cliff. it also talked about topics vital to tech and business communities. and what more could be done to boost the economy. here is some of what he had to say. >> conversation was ceos, they teal me we're ready to fire. -- hire. but we want a little bit of certainty out there. and what is missing is not only a deal, on long term deficit reduction. what smising is steps we can be taking now. >> if you own shares of oracle, next check will be bigger than usual. ora cell will pay next three dividends at once. the software
lower a cost of living. president obama's plan raising taxes but medicare and social security will be largely spared. the budget cuts. we're getting an idea about possible long term impact tax increases voter as proved in proposition 30 could have on state economy. abc 7 news joins us live now with the story. nannette? >> well, higher taxes are not expected to be a major hit to the economy. if you're looking for a job it's hard to hear about a possible slow down in highering. governor brown got voters last month to approve proposition 30. a temporary income tax increase and a boos0qz the sales tax to save public schools. but a new anderson forecast called it a double edged sword because that will have a slight drag on the committee, slowing california growth. >> republicans have been saying that sometime. it change behaviors. it's dampening economic recovery. >> the forecast estimates payroll growth hovering between 1% and 2% in next two years. it predicts the rate will average 10.5% by the end of the year, then improve to 9.7% next year with the jobless rate around 8.4% in 20
as president obama plans to ask congress to approve $60 billion in aid to help communities rebuild from damage caused by sandy. >> native patriots quarterback tom brady is a new daddy again. brady ask his wife announced birth of their second child a little girl namedqst" vivienne . the super model says they're grateful to be the parents of another little angel. they have a 3-year-old son. >> congratulations autos from movie premiers to events, red carpets are packed now. >> we can hear all about it in today's on the red carpet report its a busy time for a-listers here in los angeles. matt damon and friends hit the red carpet last night for the premier of his latest film "promise land". >> seemed like a perfect back drop for a movie about american identity. the decisions we make as communities. >> in new york city another0w%ñ premier we learned some facts about elijah wood. >> i think i relate to hobbits. i love a comfortable home, good food and friends. i do love to travel which is not very hobbit-y. >> also in new york a benefit event put on by alicia keys celebrating yet another number one
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